Texas Partners Bank, Austin’s Post

If you're a contractor, here's how to stay ahead! Mastering your financial health with WIP ( Work In Progress) reports can be a game changer. Below are things your banker wants you to know about WIP, sharing insights from Rob Glenn, Commercial Banking Manager. #Financial Health, #ContractorTips, #WIPReports

Understanding your financial health is crucial to growing a successful contracting business. Work in Progress (WIP) reports aren't just accounting tools—they’re game changers for securing financing and ensuring accurate project management. Learn more: https://lnkd.in/gfCr9Han.

Understanding your financial health is crucial to growing a successful contracting business. Work in Progress (WIP) reports aren't just accounting tools—they’re game changers for securing financing and ensuring accurate project management. Learn more: https://lnkd.in/gfCr9Han.

Understanding your financial health is crucial to growing a successful contracting business. Work in Progress (WIP) reports aren't just accounting tools—they’re game changers for securing financing and ensuring accurate project management. Learn more: https://lnkd.in/gfCr9Han.

🎉 Exciting News: New Video Released! What is POC Accounting and why do you need a WIP? Following our video about CPA Financial statements, JCA brings you valuable information on how to improve the quality of your POC reports. 🔍 Best Practices Discussed: - Regular and Accurate Cost Tracking: Regularly update and monitor all costs associated with the project. Accurate tracking ensures that the percentage of completion calculation is based on reliable data. -Effective Project Management Tools: Invest in quality project management software.  -Consistent Accounting Methods: This includes consistent application of cost categorization, revenue recognition, and adherence to accounting standards. Consistency is key to ensuring that the percentage of completion method accurately reflects the project's progress and financial status. Watch the video for a comprehensive guide on improving your POC reports and boosting your chances of securing additional surety capacity. 🚀 Contact our trusted Surety agency, JCA, for expert guidance! #POCAccounting #Theybuilditwebondit #Partnersinyoursuccess

Wondering about the impact of optimized project management on your finances? Our financial project management service concretely improves your economic results. Reduce costs, accelerate deadlines and optimize your investments. Let’s discuss how our solutions can transform your operations! #finance #projectmanagement 

🌟 Daily Financial Management Insight: Enhancing Project Success with FMD Pro 🌟 Financial management, a cornerstone of project success, goes beyond mere accounting to encompass planning, organizing, monitoring, and controlling financial resources. FMD Pro, drawing from best practices across sectors, offers a comprehensive model, emphasizing adaptability to the unique needs of diverse organizations. Key Takeaways: - Adaptability: FMD Pro's strength lies in its flexibility, enabling customization to fit the specific financial management needs of any project or organization. - Comprehensive Approach: Covering essential aspects like Accounting Records, Financial Planning, Financial Monitoring, and Internal Control, FMD Pro ensures a holistic financial management strategy. - Practical Application: With a focus on real-world application, FMD Pro equips teams with the knowledge to implement effective financial management practices, enhancing project outcomes and organizational accountability. Embracing the FMD Pro model means not just adhering to a set of guidelines but adapting them to enhance the financial integrity and success of your projects. #FinancialManagement #FMDPro #ProjectSuccess #Adaptability #Accountability #MoFinanceGuide

📊 Simplify Project Finance with PPM Core 🎯 Streamline financial management, tracks budget transactions and costs in real-time, and ensure that the project plan stays within financial targets. ✅ Book a demo to learn how to deliver precise financial insights and effective budget management. ➡ https://lnkd.in/eGHgKrAc #ProjectFinance #BudgetManagement #PPMCore #FinancialTracking #ProjectManagement #CostControl

By leveraging the latest tools and methodologies, we provide you with a seamless, efficient, and stress-free project management experience, allowing you to focus on your core business activities while we take care of the rest. #analyticaholdings #analyticaconsultants #analyticadigitals #analyticasoftwares #analyticaportfolios #muhammadraza #CFO #virtualcfo #cfoservices #businessadvisory #accounting #costoptimizatio #financialservices #growthstrategy #smallbusiness #finance #businessadvisory #businessconsulting #financialplanning #cashflowmanagement #financialadvisory #businessconsultant #businessgapanalysis #quickbooks #buildertrend #jobnimbus #acculynx #investmentdashboard

Are you facing challenges with project management, financial oversight, or team communication? Contact us today! #analyticaholdings #analyticaconsultants #analyticadigitals #analyticasoftwares #analyticaportfolios #mhmd_raza #CFO #virtualcfo #cfoservices #businessadvisory #accounting #costoptimizatio #financialservices #growthstrategy #smallbusiness #finance #businessadvisory #businessconsulting #financialplanning #cashflowmanagement #financialadvisory #businessconsultant #businessgapanalysis #quickbooks #buildertrend #jobnimbus #acculynx #investmentdashboard